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HomeMy WebLinkAbout1912_Meridian_NoticeofPurchase_Update_May2022_FID1679096_20220526MERIDI�IN WASTE May 27, 2022 Ms. Sherri C. Stanley Permitting Branch Supervisor, Solid Waste Section Division of Waste Management North Carolina Department of Environmental Quality 217 West Jones Street Raleigh, NC 27603 Re: Notice of Transaction for the Asset Purchase of Pinnacle Waste, LLC and Request for Permit Transfer Former Pinnacle Waste Goldston Facility Permit No. 1912-TP-2020 and 1912-TRANSFER-2022 Dear Ms. Stanley: This letter serves as a follow-up to the April 11, 2022, notice and request for permit transfer to clarify the ownership structure of the subject facility. In accordance with 15A NCAC 13B.0404(e) and G.S. 130A- 295.2(g) Meridian Waste North Carolina, LLC (Meridian Waste) is providing notification to the North Carolina Department of Environmental Quality (NCDEQ), Solid Waste Section, that Meridian Waste has completed an asset purchase of Pinnacle Waste, LLC. Pinnacle Waste, LLC is the former permittee of Solid Waste Permit to Operate No. 1912-TP-2020 and Solid Waste Permit to Construct No. 1912- TRANSFER-2022. The transaction closed on March 8, 2022. Please find enclosed a letter from the former owner confirming the sale and purchase of assets from Pinnacle Waste, LLC. Please note the entity Pinnacle Waste, LLC, will no longer be in use and the new owner, operator, and landowner will be Meridian Waste North Carolina, LLC. The corporate officials of Meridian Waste have not changed. Meridian Waste hereby agrees to operate the subject facility in accordance with the Solid Waste Permit to Operate No. 1912-TP-2020 and the associated application document approved by NCDEQ on March 2, 2020. Additionally, Meridian Waste agrees to comply with the permit conditions identified in Solid Waste Permit to Construct No. 1912-TRANSFER-2022 and the associated application document approved by NCDEQ on February 1, 2022. Based on the above, Meridian Waste respectfully requests the subject permits be transferred to reflect the ownership, operator, and landowner change to Meridian Waste North Carolina, LLC. The facility will be named the "Triad Transfer Station". To complete the permit transfer, Meridian Waste is in process of providing an updated bond in the amount of $81,856 to NCDEQ so the existing mechanism in place can be released to the former owner. This cost is based on the originally permitted financial assurance amount, enclosed for reference, and inflated to 2022 dollars using the following inflation factors and amounts: Ms. Sherri C. Stanley May 27, 2022 Page 2 of 2 2019 (original): $76,400 2020: $77,699 (inflation factor of 1.017) 2021: $78,632 (inflation factor of 1.012) 2022: $81,856 (inflation factor of 1.041) Should you have any questions or require any additional information regarding this notification and request for permit transfer, please let us know. Sincerely, Walter "Wally" Hall, Jr. Chief Executive Officer Meridian Waste North Carolina, LLC Enclosure cc: Sarah Moutos, NCDEQ (w/ electronic enclosure) Jordan Russ, NCDEQ (w/ electronic enclosure) Josh Daher, Meridian Waste (w/ electronic enclosure) Murray Long, Meridian Waste (w/ electronic enclosure) Michael Stubbs, P.E., HHNT (w/o enclosure) Pinnacle Waste, LLC 2111 S. Main Street Goldston, NC 27252 919-708-8465 April 11, 2022 Sherri C. Stanley Permitting Branch Supervisor, Solid Waste Section Division of Waste Management North Carolina Department of Environmental Quality 217 West Jones Street Raleigh, NC 27603 Re. Pinnacle Waste, LLC — Pinnacle Waste Goldston Facility Ownership Change and Permit Transfer Consent Permit No.1912-TP-2020 and 1912-TRANSFER-2022 Dear Ms. Stanley: Pinnacle Waste, LLC, the Permit Holder of Solid Waste Permit to Operate No. 1912-TP-2020 and Solid Waste Permit to Construct No. 1912-TRANSFER-2022 is hereby notifying NCDEQ that it has consented and agreed upon the asset sale of Pinnacle Waste, LLC to Meridian Waste North Carolina, LLC. This transaction was finalized and closed on March 8, 2022. I hereby request that NCDEQ proceed with review of the permit transfer documents upon receipt in an expedited manner. Should you have any questions, please call. Sincerely, PINNACLE WASTE, LLC Bobby Branch Owner cc: ,Sarah Moutos, NCDEQ (w/ electronic enclosure) Jordan Russ, NCDEQ (w/ electronic enclosure) Josh Daher, Meridian Waste (w/ electronic enclosure) Murray Long, Meridian Waste (w/ electronic enclosure) Michael Stubbs, P.E., HHNT (w/o enclosure) CONSTRUCTION & DEMOLITION WASTE RECOVERY FACILITY WITH PROCESSING & STORAGE OF RECYCLABLE MATERIAL 5.0 Financial Assurance This section provides financial assurance estimates for closure during the active life of the facility. Table 1 at the end of this section presents the financial assurance estimates. The Facility is projected to receive up to 200 tons/day commingled construction and demolition materials. The financial assurance estimate initially projects the percentage of the total incoming waste stream that each material to be recovered comprises. The cleanup quantity equal to 5- days of the daily acceptance rate is then calculated. Please note, the maximum amount of recyclable materials that could be stored onsite is assumed to be equal to 5-days of the daily acceptance rate. The financial assurance estimate is based on all cleanup will be conducted by a third party. Loading costs include a loader and operator at an estimated $75/hour. Each load is estimated to require 1 hour to load the transport vehicle. Hauling costs include a driver and transport vehicle at an estimated $75/hour. Each haul is assumed to be destined to a disposal site within 90 miles of the Facility. Each round trip is estimated to take 3 hours. Tipping fees at the disposal site are based on market rates for disposal facilities in the area. Tipping fees assume no recycling value of materials. Tipping fees are estimated to be $50/ton. The financial assurance estimate concludes a grand total of $76,400 is required for closure during the active life of the facility and at closure as shown on Table 1. G MRuTr Z�,P'2 PAGE 13 OO Engineering for the Pvwer and Waste Industries Financial Assurance Estimate Input: Daily acceptance rate 200 tonslday Operational daysi 5 days/week Material Percent Weight Unit Days Stored Stored Tns/Load Loads Wood Metal Concretelbrick Shingles Sheetrock Cardboard Unrecoverable 30% 60 tons/day 5 days 300 tons 10 30 20% 40 tons/day 5 days 200 tons 10 20 15% 30 tons/day 5 days 150 tons 12 13 5% 10 tonslday, 5 days 50 tons 12 5 5% 10 tons/day 5 days 50 tons 12 5 5% 10 tonslday 5 days 50 tons 10 5 20% 40 tonsidayl 5 days 200 tons 20 10 Total 100% 200 tonslday F I 1 1,000 Iton= Wood Loadinqj $ 75.00 /hour I 1 hour/load $ 75.00 /load 30 Loads $ 2,250 Wood Hauling I $ 75.00 /hour 1 3 hour/load $ 225.00 /load 30 Loads $ 6,750 Wood - Tipping Fees $ 50.00 /ton 300 /Ton $ 15,000 Subtotal -Wood $ 24,000 Metal Loadingi $ 75.00 /hour 1 1 hour/load $ 75.00 /load 20 Loads $ 1,500 Metal Hauling $ 75.00 (hour 3 hour/trip $ 225.00 /trip 20 Trips $ 4,500 Metal - Tipping Fees $ 50.00 Iton 200 /Ton $ 10,000 Subtotal - Metal $ 16,000 ConcretelBrick Loadingl $ 75.00 /hour 1 hour/load $ 75.00 (load 13 Loads $ 975 Haulingi $ 75.00 Ilhour 1 3 hour/trip $ 225.00 /trip 13 Trips $ 2,925 Concrete/Brick - Tipping Fees $ 50.00 /ton 150 /Ton $ 7,500 Subtotal - Concrete/Brick $ 11,400 Shingles Loadingl $ 75.00 /hour 1 hour/load $ 75.00 Road 5 Loads $ 375 Shingles Haulingj $ 75.00 /hour 1 3 hour/trip $ 225.00 /trip 5 Trips $ 1,125 Shingles - Tipping Fees $ 50.00 Iton 50 /Ton $ 2,500 Subtotal - Shingles $ 4,000 Sheetrock Loading $ 75.00 /hour 1 1 hour/load $ 75.00 /load 5 Loads $ 375 Sheetrock Haulingl $ 75.00 /hour 1 3 hour/trip $ 225.00 Itrip 5 Trips $ 1,125 Sheetrock - Tippin Fees $ 50.00 Iton 50 [Ton $ 2,500 Subtotal - Sheetrock $ 4,000 Cardboard Loadingl $ 75.00 /hour 1 hourlload $ 75.00 /load 5 Loads $ 375 Cardboard Haulingj $ 75.00 /hour 3 hour/trip $ 225.00 /trip 5 Trips $ 1,125 Cardboard - Tipping Fees $ 50.00 /ton 50 /Ton $ 2,500 Subtotal - Cardboard $ 4,000 Unrecoverable Loading $ 75.00 /hour 1 hour/load $ 75.00 /load 10 Loads $ 750 Unrecoverable Haulingj $ 75.00 /hour 3 hour/trip $ 225.00 /trip 10 Trips $ 2,250 Unrecoverable- Tipping Fees $ 50.00 /ton 200 Iron $ 10,000 Subtotal - Unrecoverable $ 13,000 Grand Total - All Materials $ 76,400